Quorum Information Technologies (CVE:QIS) Hits New 12-Month High – Should You Buy?

Shares of Quorum Information Technologies Inc. (CVE:QISGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$0.98 and last traded at C$0.98, with a volume of 20500 shares trading hands. The stock had previously closed at C$0.91.

Quorum Information Technologies Trading Up 7.7 %

The company has a market capitalization of C$72.11 million, a price-to-earnings ratio of 30.67 and a beta of 0.20. The company has a quick ratio of 2.13, a current ratio of 2.12 and a debt-to-equity ratio of 41.17. The company’s 50 day simple moving average is C$0.94 and its two-hundred day simple moving average is C$0.89.

Quorum Information Technologies Company Profile

(Get Free Report)

Quorum Information Technologies Inc, an information technology company, focuses on the automotive retail business in Canada and the United States. The company develops, markets, implements, and supports software products for the automotive market, including Quorum DMS, a dealership management system; Autovance Desk; Menu and MyDeal, a sales desking, menuing, and digital retailing system; DealerMine Service, Sales Customer Relationship Management, and Business Development Centre; Accessible Accessories, a digital retailing platform; and VINN, an automotive marketplace.

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